Payment of Principal, any Premium, Interest. The Company covenants and agrees for the benefit of the Holders of the Securities of each series that it will duly and punctually pay the principal of, and any premium or interest, if any, on the Securities of such series in accordance with the terms thereof, any Coupons appertaining thereto and this Indenture. Any interest due on any Bearer Security on or before the Maturity thereof, shall be payable only upon presentation and surrender of the Coupons appertaining thereto for such interest as they severally mature. When and as paid, all Securities of such series shall be cancelled and destroyed in accordance with Section 3.9 hereof.
Appears in 5 contracts
Samples: Cit Group Inc, Cit Group Inc, Indenture (Cit Group Inc)
Payment of Principal, any Premium, Interest. The Company covenants and agrees for the benefit of the Holders of the Securities of each series that it will duly and punctually pay the principal of, and any premium or interest, if any, on the Securities of such series in accordance with the terms thereof, any Coupons appertaining thereto and this Indenture. Any interest due on any Bearer Security on or before the Maturity thereof, shall be payable only upon presentation and surrender of the Coupons appertaining thereto for such interest as they severally mature. When and as paid, all Securities of such series shall be cancelled and destroyed in accordance with the Section 3.9 hereof.
Appears in 5 contracts
Samples: Cit Group Inc, Cit Group Inc, Indenture (Cit Group Inc)
Payment of Principal, any Premium, Interest. The Company covenants and agrees for the benefit of the Holders of the Securities Notes of each series that it will duly and punctually pay the principal of, and any premium or interest, if any, on the Securities Notes of such series in accordance with the terms thereof, any Coupons appertaining thereto and this Indenture. Any interest due on any Bearer Security Note on or before the Maturity thereof, shall be payable only upon presentation and surrender of the Coupons appertaining thereto for such interest as they severally mature. When and as paid, all Securities Notes of such series shall be cancelled and destroyed disposed of in accordance with the Section 3.9 hereof.
Appears in 2 contracts
Samples: Cit Group Inc, Cit Group Inc